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MNRE reduces effective custom duty back to zero after increment in Budget

By : Sustainability ..., Feb 14, 2020

Following the Union Budget announcement that photovoltaic (PV) cells and modules would now incur customs duty, the Ministry of New and Renewable Energy (MNRE) clarified that the effective basic custom duty would be zero. The Budget had a provision that levied a 20 per cent...

MNRE opens facilitation centre for renewable energy investors

By : Sustainability ..., Feb 12, 2020

The Union Ministry of New and Renewable Energy (MNRE) has opened an Industry and Investors’ Facilitation Centre in the Ministry. This will work as a focal point to provide correct and timely information on policies and programmes of the Government and also resolve issues of...

Ceiling tariff in wind energy tenders to go

By : Sustainability ..., Feb 7, 2020

In a move that could revive participation in wind bidding in a big way, the ministry of new and renewable energy (MNRE) plans to stop imposing ceiling tariffs on wind tenders, according to sources close to the development. Recent wind and solar auctions conducted by the Solar...

MNRE issues clarification for phase II of the solar rooftop programme

By : Sustainability ..., Jan 31, 2020

The Ministry for New and Renewable Energy (MNRE) issued a clarification on Thursday regarding the second phase of the solar rooftop programme, for which it provides Central Financial Assistance (CFA). Meant for the residential sector, the CFA is provided at a 40 per cent of...

MNRE recommends imposition of basic customs duty on imported solar cells and modules

By : Sustainability ..., Jan 23, 2020

The Ministry of New and Renewable Energy (MNRE) has recommended to its commerce and finance counterparts to impose basic customs duty on the imports of solar cells and modules mainly from China. "We have recommended to the Ministry of Commerce and Ministry of Finance that the...

India will have 225 GW of renewable energy capacity by 2022, including large hydro: MNRE Secy

By : Sustainability ..., Jan 20, 2020

India will have an installed renewable energy generation capacity of 225 Gigawatt (GW) by 2022, including large hydro projects, Anand Kumar, Secretary at the Ministry of New and Renewable Energy (MNRE), said today. Speaking at an industry event here, Kumar said the ministry...

Clean power push: Govt adds over 50,000 MW in 5 years

By : Sustainability ..., Jan 14, 2020

The renewable energy sector has made rapid strides under the Modi government with 50 GW plus of new capacity coming into the grid in the last five years. This is despite the doubts being raised over the government’s target of achieving of 175 GW by 2022. The December quarter...

MNRE's 40 GW rooftop solar target "unrealistic": Parliamentary panel

By : Sustainability ..., Jan 7, 2020

The government's rooftop solar target of 40 gigawatt (GW) by 2022 is unrealistic and it is highly unlikely that it will be met on time, Parliamentary standing committee on energy has said. The Committee said in its latest report that as per the year-wise targets set to...

MNRE issues draft policy for round-the-clock supply of bundled renewable power

By : Sustainability ..., Jan 3, 2020

The ministry of new and renewable energy (MNRE) has proposed a draft policy for the supply of Round-The-Clock (RTC) power to discoms which would be a mix of renewable energy and electricity generated in coal-based plants. The idea is to address the biggest issue with large...

India identifies offshore wind energy potential of 70,000 MW along Gujarat, TN coasts

By : Sustainability ..., Jan 3, 2020

India has an estimated offshore wind energy potential to generate around 70,000 Megawatt (Mw) power, most of that identified in coastal Gujarat and Tamil Nadu, according to the ministry of new and renewable energy (MNRE). “Initial studies indicate offshore wind energy...